HFT Investment Management (HK) (HFT HK) has launched its second Renminbi (RMB) bond fund known as, HFT (HK) China High Yield Bond Fund.

The new fund follows the granting of an RQFII quota of RMB800 million by the China State Administration of Foreign Exchange in May 2013.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

HFT HK launched its first RQFII fund in January 2012 with a RMB1.1 billion quota.

According to HFT (HK), the new fund will focus on the investors seeking high income and regular dividend distribution and who are comfortable with the risks associated with high yield bonds.

The China High Yield Bond Fund aims to achieve income generation and long-term capital appreciation by investing primarily in debt instruments issued and distributed in the PRC and Hong Kong.

The two features offered by the new fund will include monthly income distribution and flexible and liquid investment in 6 different currencies.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The fund’s initial public offering period is from 12 November to 11 December with the fund itself being launched on 12 December 2013.

Jelle Vervoorn, CEO of HFT HK, said: "The fixed income instruments in various Chinese markets offer different opportunities in terms of yield and liquidity. The fund combines bonds traded in all markets to offer a truly diversified portfolio aiming to reap the best of all these markets."